RED KITE HOUSE, GARDEN CLOSE LANE, NEWBURY, RG14 6PR - £1,125,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RED KITE HOUSE is a very large detached house of 255m². It was last sold for £1,125,000 in December 2016, which was around 103% above the average December 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was B.

RED KITE HOUSE Sold Prices

Land registry data shows two sales for RED KITE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two RED KITE HOUSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 12 DEC	£1,125,000	£553,358	103% above HPI
2015 19 OCT	£972,500	£519,373	87% above HPI

RED KITE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two RED KITE HOUSE sales from October 2015 and December 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2015 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the December 2016 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is RED KITE HOUSE?

RED KITE HOUSE is 255m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where RED KITE HOUSE lies on this distribution: 96% of detached houses are smaller than RED KITE HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Newbury.

RED KITE HOUSE: Plot and Title Map

RED KITE HOUSE sits on a plot of roughly 0.408 of an acre, or 1,653m². The below map shows the location of RED KITE HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of RED KITE HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is RED KITE HOUSE?

RED KITE HOUSE is located on GARDEN CLOSE LANE in NEWBURY, in the RG14 postcode district. The below map shows the position of RED KITE HOUSE on GARDEN CLOSE LANE.